24
Map
3519 Padaro Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| May 2, 2026 | Price Decreased |
$15,950,000
↓ $1M
(5.9%) | |
| Price Decreased | |||
| Oct 28, 2025 | Listed by Sotheby's International Realty | $16,950,000 | |
| Listed by Sotheby's International Realty | |||
| Apr 17, 2025 | Listed | $12,995,000 | |
| Listed | |||
| | |||
|
Live your best life on the beach! Nothing compares to this ocean front compound on Padaro at this price & price per square foot. Move right into this charming, newly updated 3 bd 3 ba main house + a 2 bd GH w living room, DR & kitchen for a total of 5 bds & 5 ba. Add'l plans for a 3 bd, 1,200sf ADU are available & make this a one of a kind beach resort offering unlimited potential as a rental in addition to a fabulous beach compound to use w family & friends. Multiple private decks overlook panoramic ocean, island & mountain views. Classic beach charm & modern design unite w the perfect location on Padaro where privacy & low-key coastal luxury surround you. Let the sunshine, sound of waves & ocean breezes fill your days & nights with the ultimate in coastal living.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017